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The Danger In Assuming

Prairie Eco-Thrifter

Unfortunately the recession of 2008 was not an isolated incident. When it comes to emergencies, it’s not so much a question of if, but rather, when. So build up the emergency fund now, so that the when doesn’t catch you before you’re ready for it. Emergency or otherwise, unexpected expenses arise all the time.

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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

That was in 2008, so you might imagine how that turned out! I wasn’t comfortable keeping only $1,000 in an emergency fund with two little ones and just one income, so we didn’t follow that part of his plan. Once we both took a look at our budget and finances, it was clear what we needed to do.

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Investment Methods

Prairie Eco-Thrifter

My copy has a copyright date of 2008. Much of the information in it is basic personal finance guidance (with a biblical twist). I pick up a lot of them at garage sales for 25 cents to a $1. One I obtained in that manner is “The Sound Mind Investing Handbook” by Austin Pryor.

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